Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...

When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

The rising wedge and ascending triangle patterns are essential tools that assist the traders in making informed decisions; they help predict the price fluctuations that are integral to any financial ...

ETH dropped below a key support in its USD/BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal. The cryptocurrency market was hit with another round of ...

Markets don't reverse quietly. They usually leave small clues long before the headlines catch up: a change in momentum, a slowdown in selling, a shift in volatility, or simply a chart pattern that ...

The wedge formation recently traced on the daily chart of the Russell 2000 Small Cap index is a classic of the genre – I mean, it’s right out of the textbook of chart patterns. It’s a rising wedge -- ...